Andres Aguirre
Newbie Question #2: can you execute a BRRRR with a HELOC or HEL?
Hi everyone,Today I was exploring how to pull some cash out of the equity on my current residential property and came across two popular options: a home equity line of credit (HELOC) and a home equity loan (HEL). Thes...
Patrick Karbon
Should Note Holders Be Scared Of 'Walk-Away's?"
Hello All!
I don't know if this is a Market-Place question but I had a fellow investor express his concerns about selling his homes on Land Contract so I'd like to pose the question here, using our terms: Does our m...
Sam Ohanesian
Help me analyze this deal!
So I've had my eye on a detached triplex. It is being sold by owner. He has been trying to sell it for over a year now! He is very unwilling to negotiate on his price, he wants 317k for it. It is located in a very goo...
La'Terrius Campbell
Wholesaling multi family
How do you figure out a ARV for a multi-family property? I know how to comp single families by comparing them to similar homes in that area, but how do you figure out a ARV on multi-family properties? Any comment will...
Luca Mastrangelo
Cash out Refi - Want to tap equity
Hi everyone, this post is about my parent's situation. They own a 4 family property. Property is zoned as 4 but they owner occupy the renovated attic suite which has 4 bedrooms , 2 baths and 2 large common rooms. T...
John Mahoney
So this happened... 1st house flipping MISTAKE!
I bought a home with the intention to flip it. Prior to getting to closing, a real estate investor (buyer) came along and offered me 20% more than I was going to close for the next day, only catch... needed 1 month to...
Austin Murphy
Sell an overpriced house that is finally cash flowing?
My nightmare entry into REI: I bought a personal house in a St Louis suburb with a friend (never ever do this btw) at the housing peak and then couldn't sell it when I had to relocate due to a military PCS. I bought ...
Jorge J.
Owner Financing - Why?
If I own a home, why would I agree to finance the buyer and have the buyer pay me monthly payments instead of having the buyer go to the bank. How would I, as the seller, protect myself against the buyer defaulting o...
Braxton Warren
ROI VS Cash Flow- Need Advice
I am under contract on a condo in northern Colorado that will be my first rental property and I am working the numbers and would like to get advice as to how much I should put down based on ROI vs Cash flow. ROI is ba...
Justin Burns
Acquisition Strategy
Hello All,I am a new to REI, in the sense that I have not done my first deal yet, but I have a plan. I am also soaking up additional information here and planning my networking process, but had a couple of questions....